This could be the next big theme to watch out for, just like how the defence sector has been booming in recent years.

Now, the question remains whether the US would intervene or decide to remain against intervention.

At 12.45 pm, on Monday, the core equity indices i.e Sensex and Nifty 50 were trading marginally higher than their opening levels, with Sensex gaining the 57,000- mark and Nifty maintaining the levels at 17,000. The FIIs have again started selling off in the domestic markets as the geopolitical tensions still persist around the world.

On Thursday morning the markets were up by one per cent as the investors are waiting for the assembly elections to happen. Also, the crude oil prices fell sharply by 12 per cent the highest fall in years as Russia- Ukraine talk about de-escalation. The crude oil is trading at USD 114 per barrel today. Gold prices also plunged as the markets seem to ease on the higher side.